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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (59559)	8/2/2024 3:49:59 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69822

Yahoo Finance Yahoo Finance Sign in Search query Intel still a few years out from catching TSMC: Analyst Julie Hyman ·Host Thu, Aug 1, 2024, 3:11 PM PDT In This Article: INTC-5.50% Semiconductor manufacturer Intel ( INTC) reported second quarter earnings that fell short of estimates on its top and bottom lines. It also announced plans to lay off 15,000 workers as part of a $10 billion cost-cutting strategy. "Part of the problem with Intel is that if they get things right, you really are looking at two, three years out when they see the fruits of their investment," Wedbush Securities SVP of Equity Research and Hardware Matt Bryson tells Market Domination Overtime, going on to call Intel's race to catch up with rival Taiwan Semiconductor Manufacturing Company ( TSM) "a 2026, 2027 story." Bryson goes into detail on Intel's longer-term prospects and what cost reductions will do for the chip company. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan. View Comments (23) Terms/ Privacy Policy Privacy Dashboard About Our Ads Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Recommended Stories Researchers Identify 'Trump Dump' Effect: Ex-President Is Already Causing Deep Stock Losses In Companies And Industries He Targets Benzinga•6h ago Wall Street in Panic: AI Trading Robot Making Unbelievable GainsForex News. Ad Intel stock plunges as company announces cost-cutting plan to slash jobs, suspend dividend Yahoo Finance•12h ago Amazon stock tumbles on weaker-than-expected sales outlook Yahoo Finance•11h ago Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought Motley Fool•17h ago Canadians Under Age 80 With No Life Insurance Are Taking Advantage Of ThisCovered For Life. Ad The S&P 500 Just Had Its Worst July in 10 Years. History Says the Stock Market Will Do This Next. Motley Fool•23h ago Stocks will rally 5% in just 5 days after the Fed's rate decision this week, Fundstrat says Business Insider•1d ago Cathie Wood Thinks This Artificial Intelligence (AI) Stock Can Soar by 1,082%. Here's Why I Think It Could Run Even Higher Than That. Motley Fool•20h ago Here’s What a 1-Day Gutter Upgrade Should Cost You In 2024LeafFilter Partner. Ad Flaring economic worries threaten US stocks rally Reuters•3h ago The Stock Market Doesn’t Look Like the Dot-Com Bubble. It’s Something Worse. Barrons.com•2d ago Stock Slump Deepens as Japan Falls Most Since 2016: Markets Wrap Bloomberg•1h ago Copyright © 2024 Yahoo. All rights reserved. POPULAR QUOTES Dow Jones S&P 500 DAX Index Nvidia Tesla DJT EXPLORE MORE Mortgages Credit Cards Sectors Crypto Heatmap Biden Economy Financial News ABOUT Data Disclaimer Help Feedback Sitemap What's New U.S. markets open in 5h 41m Customize Your Dock MARKETS TRENDING TICKERS